Development Finance
Structured Finance for Construction Projects​
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Funding is sourced through our network of institutional and private lenders
Development finance is structured capital designed to support the acquisition and construction of new build real estate assets.
It is typically deployed across two phases, the site acquisition and construction, both are underwritten against the completed asset value or total project costs
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This form of financing is distinct from traditional mortgage lending. It is designed to align with the delivery timeline and risk profile of the underlying project, not retail credit parameters.
Ideal for:
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Ground up builds, planning approved sites, and construction led projects
What types of Real Estate Development do we cover?
Our development finance is designed for experienced property developers working on a range of build types:
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New build, conversions and refurbishment
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Residential, commercial and mixed-use developments
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High value residential projects
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Student housing,
senior living and co-living
Care homes
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Phased development schemes
​Construction funding is released in phases, aligned with certified Quantity Surveyor (QS) reports that verify progress and costs.
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Loan sizing is assessed against both Loan-to-Cost (LTC) and Loan-to-GDV (LTGDV) metrics, with gearing typically up to 80% LTC, subject to sponsor strength, location, and exit strategy.
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Facility terms generally range from 12 to 36 months, tailored to the construction programme and sales timeline.
Strategic Benefits
Unlike banking partners, development finance does not rely on off-plan sales to trigger drawdowns. This protects pricing power and preserves exit flexibility by removing the pressure to discount units just to meet pre sale quotas.
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A single facility can fund both acquisition and construction, allowing developers to move seamlessly from site purchase to groundwork without capital interruptions.
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Facilities are often structured to reduce or replace the need for external equity, avoiding dilution or profit sharing. On larger projects, this can translate into six or seven figure savings compared with private equity capital.
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Drawdowns are released against project milestones, aligned to actual risk and delivery, rather than standardised amortisation schedules.
Rates from
9–11% p.a.
Up to
80% LTC
50-60% LTGDV
Terms
18–36 months
